Original filing (PDF)20250730110610NAL0002279939001

BCN ADMINISTRATIVE SERVICES, INC.

Name: BCN ADMINISTRATIVE SERVICES, INC. — BCN ADMINISTRATIVE SERVICES MULTIPLE EMPLOYER PLAN, Form 5500 (2024)
Creator: BCN ADMINISTRATIVE SERVICES, INC.

Form 5500

FILING_RECEIVED

BCN ADMINISTRATIVE SERVICES MULTIPLE EMPLOYER PLAN

401(k) retirement plan

Signals · 3

28% in single holding~100 bps in Sched C feesNo recordkeeper disclosed

Active participants

2,586

Accounts w/ balance

1,465

Plan assets (EOY)

$61.0M

Net assets (EOY)

$61.0M

How this plan invests

This plan

45 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade B

Above-average plan

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

Total plan cost

Vendor stack

Participation health

Knocking points off

Top holding "Vanguard Total Stock Market Index Adm" is 28% of plan.
100 bps in Schedule C fees — 524% above peer band of 16 bps.
No recordkeeper disclosed on Schedule C.
57% balance-to-active ratio — below typical for a healthy 401(k).

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for BCN ADMINISTRATIVE SERVICES, INC..

Plan sponsor

Name

BCN ADMINISTRATIVE SERVICES, INC.

EIN

38-3358642

Address

3650 W. LIBERTY ROAD · ANN ARBOR, MI · 48103

Phone

(734) 994-4100

Industry

Admin Support & Waste Mgmtsee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

333

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-07-30

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

Audit & trust (Schedule H)

Auditor

MRPR GROUP P.C.

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

3 rows

TPA / Administrator

Name	EIN	Location	Relation	Direct comp	Indirect comp
SLAVIC INTEGRATED ADMINISTRATION	65-0608221	—	TPA	$327K	—
BCN ADMINISTRATIVE SERVICES, INC.	38-3358642	—	PLAN ADMINISTRATOR	$166K	—

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
SLAVIC MUTUAL FUND MANAGEMENT CORP	59-2749576	—	PORTFOLIO MGMT	$116K	—

Investments

45 direct securities· $60.9M(100% of reported assets)

Investment	Type	Shares / units	Cost	Current value	% of plan
Vanguard Total Stock Market Index Adm	—	—	—	$17.1M	28.0%
Vanguard Intermediate Term Bond Index Admiral	—	—	—	$9.3M	15.2%
Vanguard Federal Money Mkt	—	—	—	$6.7M	11.0%
Fidelity 500 Index	—	—	—	$5.2M	8.6%
Vanguard Consumer Staples Index	—	—	—	$3.8M	6.2%
iShares MSCI EAFE International Index K	—	—	—	$3.2M	5.2%
Fidelity Large Cap Growth Index Fund	—	—	—	$1.8M	2.9%
T.Rowe Price Mid Cap Growth	—	—	—	$1.7M	2.9%
American Funds Washington Mutual R6	—	—	—	$1.1M	1.8%
Vanguard Target Retirement 2030	—	—	—	$1.1M	1.7%
Vanguard Utilities Index Admiral	—	—	—	$941K	1.5%
American Funds EuroPacific R6	—	—	—	$881K	1.4%
Participant loans	—	—	—	$670K	1.1%
Fidelity US Bond Index	—	—	—	$646K	1.1%
American Funds New Perspective R6	—	—	—	$557K	0.9%
Vanguard Information Technology Index	—	—	—	$474K	0.8%
Vanguard Mid Cap Index Adm	—	—	—	$469K	0.8%
American Funds Capital World G & I R6	—	—	—	$447K	0.7%
Vanguard Target Retirement 2040	—	—	—	$439K	0.7%
Vanguard Target Retirement 2050	—	—	—	$424K	0.7%
Vanguard Target Retirement 2025	—	—	—	$381K	0.6%
JP Morgan US Research Enhanced Equity	—	—	—	$317K	0.5%
Vanguard Small Cap Growth Index Adm	—	—	—	$315K	0.5%
Vanguard Small Cap Index Adm	—	—	—	$298K	0.5%
Vanguard Industrial Index Adm	—	—	—	$283K	0.5%
Vanguard Target Retirement 2045	—	—	—	$275K	0.5%
Vanguard Target Retirement 2035	—	—	—	$234K	0.4%
Vanguard Mid Cap Value Index Adm	—	—	—	$220K	0.4%
Vanguard Real Estate Index Admiral	—	—	—	$212K	0.3%
BlackRock Health Sciences	—	—	—	$198K	0.3%
Vanguard Target Retirement 2020	—	—	—	$190K	0.3%
Vanguard Target Retirement 2055	—	—	—	$165K	0.3%
Vanguard Small Cap Value Index Adm	—	—	—	$124K	0.2%
Fidelity Emerging Markets Index	—	—	—	$107K	0.2%
Vanguard European Stock Index Admiral	—	—	—	$107K	0.2%
Vanguard High Yield Corporate Adm	—	—	—	$94K	0.2%
Vanguard Short Term Federal Adm	—	—	—	$92K	0.2%
T.Rowe Price New Asia	—	—	—	$86K	0.1%
Vanguard Material Index Fund	—	—	—	$85K	0.1%
Vanguard Inflation Protected Securities	—	—	—	$71K	0.1%
Vanguard Target Retirement Income	—	—	—	$37K	<0.1%
Vanguard Target Retirement 2060	—	—	—	$37K	<0.1%
Vanguard Short Term Inf Prot Index Adm	—	—	—	$4K	<0.1%
Vanguard Target Retirement 2070	—	—	—	$3K	<0.1%
Vanguard Target Retirement 2065	—	—	—	$775	<0.1%